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Search Results 0 to 9 of about 10
of spending restraight. >> i want to bring stephen moore back into the conversation. a lot of people don't like grover norquist you've defended him. you come from the same place in a lot of things. here's where i take issue. he said increasing taxes avoids the conversation on having the spending discussion. i said i don't think that's causal. i think we can agree we're not having a robust-enough conversation on how to deal with spending in this country and how to make government more efficient. is it a fact by raising taxes we're just not going to have that discussion? >> yeah, i believe so. i believe every time you raise taxes it reduces the pressure to cut spending and i agree with grover on that i want to take issue on one thing you said to grover that i think is a little unfair. the vote we had last week, the job boehner plan b, which actually there was no vote -- >> you know, you've been saying, these guys are just following the instructions of grover nor quest. look, i actually think republicans made a mistake personally in not approving plan b. but you know, the people voted again
, texas. mayor moore passed away last week after 63 years as richmond's mayor. he was a true texan, a straight shooter who loved his family, good conversation, quayle hunting, ranching -- quail hunting, ranching and texas longhorn football. the last time i talked with mayor moore was richmond's 175th anniversary. my speech was interrupted by trains roaring by. the trains did not dare to interrupt mayor moore. i asked him, how can i do that? he said, give it time. give it time. he gave richmond time. the time of his life. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> to ask unanimous consent address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from california is recognized. >> mr. speaker, i rise today to announce the discovery of a new break through in mathematics of the theory of vector bundles. part of the interest comes from its application to quantum mechanics, the theory that makes modern electronics possible, and p
jeffrey moore. >> i did very well. >> you knew the indicators that are used to define recession. they're not cherry-picked. that are very specific. they've been defining them for decades, almost a century. >> what are they? >> they are production, income, sales, broad sales and employment. that is it. and when they peak collectively, that is a telltale sign that you have turned the corner on the business cycle and are headed down. >> what about the -- production has come down. i agree with you. income has come down. sales have come down. employment, however, is still rising. >> well, first off, on production and income, you have not seen the simultaneous decline we have now in over half a century. you've never seen it outside of a recession. and you've always seen it inside of a recession and both of those peaked in july, broad sales thus far the peak is in july. that's the high point. we'll see what happens. unemployment is still rising. that's your best argument -- >> employment is still rising. >> jobs growth is still positive. now, that is not inconsistent with a recession. in thr
bill and it's in the provinces where the nationalistic moore support is increasing the base that he needs to keep onboard and that's another reason why he's acting the way he did on this bill. >> we appreciate it. ? thank you. >> europe's fiscal woes dominated the american markets most of the year. >> the fragile european economy not out of the woods just yet. here is jimmy pathakukas of the institute. it was "barron's" just this week. this is the year to invest in europe. do you disagree with that or can the two work together? >> well, you know, they say the united states don't fight the fed. in europe you would say don't fight the ecb as long as they believe that they would do whatever it takes to keep the euro together, i guess that's a positive, but remember, you have an economy back in recession that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to
. >> thank you very much. miss moore recognized for five minutes. >> thank you so much, mr. chairman. i just want to pursue the line of questioning mr. neugebauer venter into because it seems to me that you are suggesting that futures are transparent, they're well-regulated and we all know that swaps were not. and now that this new swaps future market is developing, i'm wondering if you are concerned about the regulatory arbitrage of the, only about 50% of margin being required? they're being treated as equivalence, don't you think, don't you think, margin may be just one of the regulatory gaps that exist. wondering what your thoughts are on that? >> one of the innovations in the market in the last few months has been this product, future on a swap. so it's a future, that trades on a futures exchange and it's cleared and its's transparent. but yes, we're taking a look at it to better understand it. it's a new product. if i can call you chairman as well. the chairman said, we're, the market should innovate that we're not deciding future swaps or futures on swaps but we're certainly taking a l
shelly moore-capito and congressman greg meeks of new york will join us on the show to talk about the biggest sticking points. at the top of the hour, vice chairman and republican policy committee chairman tom price will be our special guest. "squawk box" coming right back. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning and welcome back to "squawk box
charisma. >> some call her the demi moore of her times. "the new york times," though, described her as an encourageable revolutionist to the end. >> she was indeed. they never gave up their dreams. >> "sasha and emma." >> what does "the new york times" say about this book? >> enormously rich book. a great review. great to have you on. >> thank you for coming on. >> thank you for having me on my favorite show. >> it's about time. >> seriously. >> your favorite show because you get a break from halperin. >> and i enjoy the show. >> she watched the show before i was on it. >> i did. i tried to get him to watch. >> so you were responsible for mark? >> i would say for months, you though, here, here is where it is. >> look at this. >> do you want to see huckabee? >> the better half. >> i said i prefer an aging deejay. >> fantastic. congratulations on so many levels. you must be so pleased. >>> still to come, former british prime minister tony blair joins to us discuss the volatile developments in the midd middle east and thoughts on how the fiscal cliff will impact europe and vice versa.
? joining me now, senior economics writer or for "the wall street journal" steve moore. steve, thanks for making it in today. >> hi, jamie. we're having a white christmas in chicago. so it is a lot of fun. jamie: i know chicago, burr. the numbers are also pretty chilling for retailers who do what percentage of their business during the holiday season? >> you know, those months of november and december are absolutely crucial, jamie, for the retailers. about 40 to all their business all year is done in those two holiday months. so it's, not very good news that the retail numbers came in, you called them lackluster. and that's probably putting it charitiably. this was the worst year since 2008. it is actually, surprising, jamie, because if you look at some other indicators, consumer confidence had actually bumped up a little bit in the last couple months. we have, i wouldn't read too much into this because other indicators of the economy are looking up right now. jamie: so do you think it's an anomaly that it isn't going up? is it an indication if we go over the fiscal cliff there's conc
hikes and spending cuts. joining us from washington, republican congresswoman shelly moore capito. were you privy to everything that was happening yesterday? >> i was shocked when we went into the conference at 7:45 and the speaker, after offering this serenity prayer, said merry christmas, you're going home, we're not putting the vote up, we don't have the votes. i was disappointed, quite frankly. >> really? is it overstating it to say that, you know, some people characterize it that the president was not accepting the surrender of the gop anyway, so why not keep fighting? >> we needed to strengthen the speaker's hand in negotiations and i think by saying and reiterating that we didn't want taxes to go up by 98.1% of the population i think is a strong statement for us to go. we had -- would be moving one of the rates, and i think that that was a concession on our maert and i was disappointed we weren't able to send that over to the senate and say to them, all right. your turn. >> yeah, i know. but all these games. everybody knew the senate wouldn't take it up. the president promised he
liver moore and this was precell phone day. remember the pagers? and i paged lowell wood. he was in washington and he -- within an hour he was sitting in my office. electromagnetic pulse. we have only one brief experience with it in our country. and that was in 1962 and johnston island, the only time we ever debt nailted a weapon above the atmosphere. we had no idea what would happen. it produced an electromagnetic pulse because a lot of disturbances in hawaii which is about 800 miles away. the soviets had a lot more experience than we. they actually developed -- we designed them but never built them, enhanced e.m.p. weapons. a single large nuclear -- i shouldn't say that. because it doesn't have to be a large bomb. because it could be a relatively small bomb that's e.m.p.-enhanced. a single appropriately bomb detonated three miles high over nebraska or iowa would prank et our whole country and -- blanket our whole country and if the e.m.p. lay down was robust enough, it would essentially fry all of our microelectronics. the grid would be down for a year or more. and your car
Search Results 0 to 9 of about 10